Cardano (ADA) traded 2.9% higher against the U.S. dollar during the 1 day period ending at 20:00 PM Eastern on May 8th. Over the last seven days, Cardano has traded 1.5% higher against the U.S. dollar. Cardano has a total market cap of $16.17 billion and approximately $502.40 million worth of Cardano was traded on exchanges in the last day. One Cardano coin can currently be purchased for approximately $0.45 or 0.00000739 BTC on exchanges.
Here is how other cryptocurrencies have performed over the last day:
- Ethereum (ETH) traded 1.2% lower against the dollar and now trades at $2,978.63 or 0.04855661 BTC.
- Avalanche (AVAX) traded down 3.3% against the dollar and now trades at $34.06 or 0.00055531 BTC.
- NEAR Protocol (NEAR) traded 3.3% lower against the dollar and now trades at $6.84 or 0.00011157 BTC.
- Internet Computer (ICP) traded 3.2% lower against the dollar and now trades at $12.02 or 0.00019594 BTC.
- Uniswap (UNI) traded down 0.9% against the dollar and now trades at $7.33 or 0.00011946 BTC.
- Hedera (HBAR) traded down 1.3% against the dollar and now trades at $0.11 or 0.00000173 BTC.
- Cosmos (ATOM) traded up 1.7% against the dollar and now trades at $9.09 or 0.00014824 BTC.
- Cronos (CRO) traded down 0.3% against the dollar and now trades at $0.13 or 0.00000204 BTC.
- Fetch.ai (FET) traded down 8.1% against the dollar and now trades at $2.16 or 0.00003518 BTC.
- Algorand (ALGO) traded down 1.8% against the dollar and now trades at $0.19 or 0.00000304 BTC.
Cardano Coin Profile
Cardano (CRYPTO:ADA) is a proof-of-stake (PoS) coin that uses the Ouroboros hashing algorithm. It launched on September 1st, 2017. Cardano’s total supply is 36,855,324,087 coins and its circulating supply is 35,659,616,513 coins. The Reddit community for Cardano is https://reddit.com/r/cardano and the currency’s Github account can be viewed here. Cardano’s official Twitter account is @cardano and its Facebook page is accessible here. Cardano’s official message board is medium.com/feed/cardanorss. Cardano’s official website is www.cardano.org.
Cardano Coin Trading
It is usually not possible to purchase alternative cryptocurrencies such as Cardano directly using US dollars. Investors seeking to trade Cardano should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Cardano using one of the aforementioned exchanges.
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